ASX 200 rises, Woolworths falls, Fortescue was flat on Thursday 29 April 2021
The S&P/ASX 200 Index (ASX: XJO) rose by 0.25% to 7,082 points.
Here are some of the highlights from the ASX today:
Woolworths Group Ltd (ASX: WOW)
The Woolworths share price dropped around 4% after giving its third quarter update to investors.
Woolworths reported that the total group sales was up 0.4% for the 13-week period. The Australian supermarkets division saw sales decline 0.7% to $11 billion because it’s now cycling against high levels of sales in the prior corresponding period due to COVID-19.
New Zealand supermarkets saw a decrease of sales by 10.2% to $1.67 billion. Big W sales jumped 18.3% to $1 billion. Endeavour Drinks sales rose by 6.3% to $2.39 billion. Hotels saw sales go up 11.5% to $390 million.
In terms of a…